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(Untitled), 28 Oct 1926

Reference Code: GBR/0014/CHAR 18/30B/309-314

Scope and Contents

Memorandum from WSC to Sir Otto Niemeyer [Controller of Finance, Treasury] seeking advice about the effect of a reduction or increase in income tax on gilt edged government stock, specifically the correspondence between the rise of the stock and reduction in tax; the impact on consumers of raised taxation; consumption as an indicator of prosperity; and National Debt. He concludes "To sum up, a reduction in taxation is the greatest economic service which a state can render to the population and the surest means of creating prosperity".Unsigned carbon typescript.


  • Creation: 28 Oct 1926

Conditions Governing Access


Conditions Governing Use

Copyright: Crown


6 folio(s)

Language of Materials



Repository Details

Part of the Churchill Archives Centre Repository

Churchill Archives Centre
Churchill College
Cambridge Cambridgeshire CB3 0DS United Kingdom
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